(The Edge filepix by Zahid Izzani)
KUALA LUMPUR (Aug 9): The Domestic Trade and Consumer Affairs Ministry will study suggestions to allow government-linked companies (GLCs) to handle the packaging of subsidised cooking oil packs to curb leakages.
Its minister Datuk Seri Alexander Nanta Linggi said his ministry would study as to how GLCs could help the 300 licensed companies, as well as on distribution of the items .
On reports that states were selling bottled cooking oil above the set maximum price, he said the traders involved were asked to adhere to the set prices that came into effect on Monday (Aug 8).
Although there are provisions allowing the ministry to take action, he said his ministry tries to avoid taking stern action.
"But if this goes on, we will have to take action to avoid this from impacting consumers," he said after visiting the ministry's exhibition booth at the 2022 Malaysian Agriculture, Horticulture and Agro-Tourism (MAHA) exhibition at the Malaysian Agro Exposition Park Serdang (MAEPS) here on Tuesday (Aug 9).
On a separate issue, Alexander added that the cooking oil packs found drifting in Indonesian waters were not owned by Malaysia, and based on information received, they were Indonesian-owned.
- Chlorophile: Towards cooking oil self-sufficiency
- Uganda: Government to Dispose-Off Crude Oil
- Government Urges Fuel Stations to Advertise Prices of All Fuel Types
- Market stability will increase oil, gas investment – Dr. Fawibe
- Boris Johnson’s ‘moral hazard’: No money to save Thomas Cook, but plenty for war with Iran (if it comes)
- Exclusive: Mexico's Pemex seeks control of U.S. oil firm's billion-barrel find
- The Government’s regular meeting - June 2006
- The Government’s regular meeting – October 2015
- The Government’s regular meeting- February 2014
- Thomas Cook collapse: German company files for bankruptcy
- Ghana: Betway Boss Unveils Package to Fans
- T Suggests: Photographs of ’70s California, a Family-Made Olive Oil, and More
- Tanzania: Anxiety Mounts in Tanzanian As Global Oil Prices Soar
- Thomas Cook owes Turkey's tourism sector $381 million - council
- The Government’s regular meeting - February 2010
- Palm Oil Is Everywhere. Here's Why That Matters.
- South Africa: Mkhize Rejects Claim of Wrongdoing Linked to Municipalities and VBS
- Pollution linked to 9 million deaths worldwide in 2015, study says
- Uganda: Government to Collect Over Shs100 Billion From Social Media Tax This Year
- Vietnam ministry blocks controversial cable car to world’s largest cave
Ministry to study government-linked companies becoming subsidised cooking oil packagers have 383 words, post on www.theedgemarkets.com at August 10, 2022. This is cached page on Business News. If you want remove this page, please contact us.